Restaurant365 Closes $88 million Series C Preferred Stock Financing
Stradling client Restaurant365, a cloud-based accounting software solution for restaurants, completed Series C funding round for a total of $88 million. The Series C financing was led by ICONIQ Capital and included participation by Tiger Global Management and Bessemer Venture Partners.
We are excited for ICONIQ Capital and Tiger Global to join us as we expand our product to solve more of the challenges facing restaurant operators today," said Tony Smith, co-founder and CEO of Restaurant365. "They have track records of investing in companies that reshape industries, and we're pleased that they've identified Restaurant365 as a leading force driving innovation.
